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sexta-feira, 28 de fevereiro de 2014

Commodities Market Impact Weather: Snow and Ice in Midwest

  OMAHA - A snow and ice storm for the Midwest and mostly favorable trends in South America are the
primary weather items for the commodity trade's attention Friday.
MIDWEST SNOW AND ICE STORM
  The DTN ag weather forecast calls for extreme cold in the Midwest to greatly increase usage of
natural gas for heating during the next five to six days. Somewhat less cold weather is possible
after that. A major snow and ice event is shaping up for the southern and eastern Midwest and the
northern Delta region for the weekend. This likely will disrupt travel and transportation for these
locations. Somewhat less snow is expected in Iowa, especially northern Iowa, with this system. It
does not appear cold enough to harm soft red winter wheat in areas that do not have a protective
snow cover.
LIGHT SOUTHERN PLAINS WEEKEND MOISTURE
  Southern Plains wheat areas will see scattered light to locally moderate precipitation during this
weekend, which will favor dormant winter wheat. The upcoming storm system is expected to generate
only minor concerns for livestock areas of the western Plains.
SCATTERED BRAZIL ROW-CROP AREA SHOWERS
  Across Brazil's row-crop areas, periodic scattered showers and seasonal temperatures will favor
filling crops and early-developing second crop corn. Local delays continue for harvesting the early
crops and planting the second crop corn due to showers. The pattern does not look as wet during the
coming days, which should allow for some improvement, except in areas affected by local
thundershowers.
WEEKEND SHOWERS IN BRAZIL COFFEE AREAS
  A cold front moves into the main Brazil coffee and sugar cane areas Friday and drifts through the
north and east areas during the weekend. This should lead to light to moderate showers which will
help ease stress to developing crops. Somewhat drier and hotter weather may redevelop early next
week. The next chance for scattered showers appears to be late in the week.
DRY AND WARM IN ARGENTINA
  Central Argentina will have mostly dry weather with a warming trend during the six-day period.
This will favor developing crops, after recent heavy rains. A possible exception to this is over
eastern Buenos Aires where a few thunderstorms may develop.
FAVORABLE CHINA SOIL MOISTURE
  Moderate to locally heavy snow and rain has occurred through central and southern winter wheat
areas of eastern China and through most winter rapeseed areas during February. This will help to
replenish soil moisture and it will favor crops when they break dormancy in the spring. Snow to the
north was not as heavy, but still fairly significant for this time of the year. Snow and ice, and to
a lesser extent rain, will delay transportation somewhat. The weather pattern currently favors
additional chances for snow or rain through the Yangtze River valley and the southern part of the
North China Plain.
WEEKEND RAINFALL FOR SOUTH AFRICA
  Across South Africa, warm to hot weather Friday will be followed by scattered showers and
thundershowers during the weekend and early next week. This is mostly a favorable weather pattern
for filling maize and developing sugarcane.

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